iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by Global Trust Asset Management LLC

Global Trust Asset Management LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12,184.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 184,272 shares of the company’s stock after acquiring an additional 182,772 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 6.0% of Global Trust Asset Management LLC’s portfolio, making the stock its biggest position. Global Trust Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $15,261,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Key Financial Inc increased its holdings in iShares 1-3 Year Treasury Bond ETF by 158.1% in the third quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after buying an additional 196 shares in the last quarter. Pflug Koory LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% during the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after acquiring an additional 287 shares in the last quarter. Lodestone Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $29,000. Holos Integrated Wealth LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $29,000. Finally, Delos Wealth Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $29,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.36 on Friday. The business has a 50 day moving average price of $82.74 and a 200 day moving average price of $82.84. The company has a market capitalization of $24.70 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $82.21 and a 1-year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be given a $0.2469 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Wednesday, April 1st.

About iShares 1-3 Year Treasury Bond ETF

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.